SINGAPORE: Facing a tough travel industry outlook, Singapore budget carrier Tiger Airways priced its US$178mil IPO – Asia’s first airline offering in nearly five years – in the middle of an indicative range.
Tiger’s initial public offering comes as some traditional carriers are pushed to the brink of bankruptcy and state airlines are turning to governments for aid.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!